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OILS & FATS
21-09-2022

Expanding palm oil stockpile to dampen CPO prices

20/09/2022 (The Edge Markets) - THE Malaysian palm oil inventory, which is likely to have surpassed two million tonnes for the first time in two years, is expected to add further downward pressure on crude palm oil (CPO) prices that have fallen from their peak in April this year.

OILS & FATS
21-09-2022

Indonesia trimming palm oil stocks with discounts, India sales

20/09/2022 (The Star Online), JAKARTA/MUMBAI (Reuters) - Indonesian palm oil producers are whittling down their hefty inventory overhang with discounts versus rivals and aggressive sales to India, where demand is picking up for next month's Diwali festival, industry officials said.

MARKET DEVELOPMENT
21-09-2022

Malaysia's 1H palm product exports reach RM71b

20/09/2022 (The Edge Markets), Miri - Malaysia’s palm product export revenue increased significantly for the first six months of this year, totalling 14.05 million tonnes with a value of RM71.02 billion.

OILS & FATS
21-09-2022

Use oil palm biomass as feedstock for "green" jet fuel: Transport Minister

20/09/2022 (New Straits Times), Singapore - Malaysia hopes that oil palm biomass will be accepted as a feedstock for the production of sustainable aviation fuel (SAF) given the rising demand for the use of the jet fuel alternative worldwide.

OILS & FATS
21-09-2022

Stronger exports, soybean oil performance lift CPO futures at the close on Sept 20

20/9/2022 (The Edge Markets), Kuala Lumpur - The crude palm oil futures contract on Bursa Malaysia Derivatives ended higher on Tuesday (Sept 20), thanks to stronger exports which lifted the market, coupled with the strength in soybean oil trading on the Chicago Board of Trade.

OILS & FATS
21-09-2022

Palm products export for January-June reaches RM71.02b

20/09/2022 (The Sun Daily) - Malaysia’s palm products export revenue increased significantly for the first six months of this year, totalling 14.05 million tonnes with a value of RM71.02 billion recorded during the period.

OILS & FATS
21-09-2022

Tariff commission for palm oil price at Tk133 per litre, sugar Tk84 per kg

20/09/2022 (The Business Standard News) - Bangladesh Trade and Tariff Commission (BTTC) has recommended setting the price of palm oil at Tk133 per litre and the price of sugar per kg, considering the price situation of the world market and import cost.

OILS & FATS
21-09-2022

MIDF Research raises Malaysia's 2022 exports, imports growth projection

20/09/2022 (The Edge Markets), Kuala Lumpur - MIDF Research has raised its 2022 growth projection for the country’s exports and imports to 22.4% and 29.5% respectively.

MARKET DEVELOPMENT
21-09-2022

EU hopes for trade pact with Indonesia within two years

20/09/2022 (Malay Mail), Jakarta - The European Union hopes to strike a free-trade agreement with Indonesia within two years despite disputes with South-east Asia’s largest economy over palm oil and nickel, the bloc’s trade commissioner said today.

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